New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-01-25

| stock ............... 81 364 $40 72
0rsgon 49,, franchise I,599S S7s ~ ~
| Equipment ..,.... 1881. 233 So
sio.s2i, 272 81
A. the report OF June 80 1882 page cost completed
The Dale' to Wala Waa i57 miles si ;ic % 90
The Dales to the Cascades 40 miles. 22G156 81
Tie CASCADES Portland 40 II1olo7 %
Total cost Of cSee@ main line PAS miles 90
Average cost per mile. 29.153 80
II is fair presumption that the OF construction
of the above portion OF the company's limo as
expensive at least ~ the balance OF s lines On pape of
report of 1882. MI Wharf 1.-THE command ng position
OF this line is unique There United
States representing as the great
line AMI the only outlet
the Pacific Ocean OF all the region between California
and Nevada tho south British Columbia the north AMI
Idaho on the east
page IL he and 81 and 80 he had
into the line 81, 200 line Al feet o bridging
In the same report page %. he states as follows.
As rule, all vessels starting from Portland.
including steamships have lighter part OF their
cargo down the Columbia during tho low water.
winch in the fall the busiest part the year; this
wolves deabe expense and loss Of time and
serious impelment 10 the growth OF the OF the
Columbia"
In the annual report 0: juno 80 1884 Mr. Smith SAYS
page g. Tho general condition OF track buildings and
bridges excellent, except portion OF the which
originally purchased from the Oregon
Company the track bridges require renewal About
1000 tons Of rails hand and paid for this purpose
One hundred and ten mile, Of Track between Wsaa and
nrt he mo,t critical examination OF The report cannot md
Tor ri Ties csc, charged a !" 'ainr e1pcn,es -, ,,
in0. need ,,,,r .,fc,,i,, 90 100, COO,
bridge. and ipcnes ~ an, V yt f iwo o.
on thc pat of the limo then constructed Mr.. Willard he
had put $3.50 iineral feet Of bridging.
ON thc same maintenance OF steamers aud boats
are nd o@ on n a. an s'. 81, ,S6 low hSaTe 70
, 90 plge - 1910" y, ehsrse &c income Tor d.pf"c
ness but all the more misleading tho amount absury
In The T %. 2, I9qc , gasS MI smith
s and IpHT dTms The gar at cost Of
to tx S% h @@a l If ,c
page 70 YOU will fl 10 hna dollar FOR cost OF and
Esaae The COS, Of maintenance Of steamers
IN the stated snngai report Of Junc 30 1856 page =
on page he says tie crop Of s- Wa largo one both in
e1s a1 ySq %e G9 he y yGas Sse,o. have
where II might fairy be considered IS paying
arer witch considered as looking at the result Of
this years work. a. follows with others
Fa renexaI' replacing iron Win seci..... i?S5o5
II" renewals 52Jg3 IL
AMI It is the snch an entry n
s TGs aay OF yss as sG@
he 10 .a Of T% S % in e %.' the asa nS,
winch IS hero stated a. 50 eIiraoriinary.
E1am,ns he latest Iny"nofy Of ES%pmo"i published page
man would value at over Gsif the COS. sSo sa9SI
4 u on an Rasi ri asSos' % " on page
q q destroy.
cd by secie Mt vet sinsnsr to relate DO not ma where
such things oe,nici 90 ,', road i"r yeHr' r'rta.y no
lOhe the boats The river AMI sound division
Is this sol Are the river steamers which form the great
1he best OF hl. peculiar mole Of bookkeeping
line stated by M Willard ,2D7-3 u3 per mile
contrasting with the present per less
tn of se,mer'a. they nov exist II viii show the
sonId have been to operating expense, and paying
Wala Wala. Uu,lla. Jno Davis and bes Chu:o
ne'y hn shed the iron has been SHIPPED and the new bris~,
will be ~ paeo within sI months, pnins The coming yoar
Portland and the bales an one o. two srs. ttee, be
will BE- hlled aud filling. where po,sDic the line Will
ne the peses Of repirins hereafter ami there are three
bridge, that should be replaced with iron Sandy
River Tanner creek and Eagle creek Would not the leasing
Of THIS road bc waliowng camel while We strain at gna,
100000 or furnishing necessary equipment TO operate our
on page the earnings for freight by
stated a. O229 ton per mile and passengers per milo
page % The freight earnings Of the rsl,SaG dson arc
Your company passengers O3lG freight
ore us perfectly safe to ASSUME Tat nom ne atr Your
per You received the past the Of
fec harmony IN the companies and
T S h the Ss a s byon n Sn yG S. % Oregon sS a
way and Nayis-lion C3np,ny wil not e able I" cnsrRs
year from ora To 0d ton mile and You
PLEASE N this reduction
|
What have called your appear in
where the annual reports on which we have 10 rely are 80 ms
In your individual busn would you assume responsible
ny anonn,ns 10 million, ciio s on .. n a' ro
you nothing about such matter. and bo content
Obligation would not criiicss every Item In any
aed inaccuracies would not question II there
have operate the road at less
ro. Is po-sibc when as evident Respectable portion
When your Cascade Division is opened will not take ma
eriay from the he Oregon Railway aud Navga
% lSG loo T.. Sy liver WAY 81 wn
he "a pense Of detention Sc a. mentioned by Mt
the sound Tacoma you please where ships can arrv"ahd
III leasing this property would follow the foot steps
Of Mr. H"d VINO nr,. purchased The franchise ,Sr
md then deliberately DESTROYED them by building ro1a 70
anoie outlet tho Pacific other than Portland. which
II peace to be only at an expense OF $500 year.
firmly beevc and at an Increasing cost years ~ n.y.
Five win not roll before this same region now
'rcnped Dy the Oregon HALLWAY 1nS panes
Of o22o per ton VIII be fortunate ii gets oido
II the Gno" paolne lease the Oregon Railway and Nsysa
M It's : siocs The very Weigh, Of s Obligations
make pa. s 70 S 90 w s u.s. but not
DO hsrs SPEAK o. objections to lease Jointly and
sa S the value and earning power Of tho
Huntington Cedar Rapids and Northern Railroad s, Of
pany and with eighteen month, will Jap the Northern Pa9nc
Bsmark occupying territory that " later WIN 10
competitive with the Black Hills and Dakota branches
S 4I Ss si na %
Sy
nile issued, say capitalization OF $50 900 per mile
IL fear competition and 10 avoid wish To o
igatons this Is the property that has present ana sr
apd. Burlington and clinton and Esr
nile Reduce the earnings OF the Oregon Railway and
gation Company 0lO4l6 tho per me
eoeved by this company last year wf have tns m
arnnRs alone Of Oregon Railway and Navigation So
,any reduced by tho sum OF 81 672.ell 49,
The increased tonnage Of the territory now tributary
oregon Railway and Navigation Company Will DO more ~n
AIKEN by the North Pacific and other competing nsr
REVIEW OF REPORT